Canadian stocks turned positive on Thursday, overcoming trade concerns and a hotter-than-expected U.S. wholesale inflation report as earnings remained in focus. The S&P/TSX Composite Index climbed by 135 points, or 0.5%, to 25,699 — its highest closing level in February.
While nearly all key market sectors ended the session higher, the TSX rally was mainly driven by strong gains in real estate and technology stocks.
Top TSX Composite movers and active stocks
Ero Copper, Shopify, First Quantum Minerals, and Calibre Mining were the top-performing TSX stocks for the day, with each surging by over 4%.
In contrast, Canadian Tire (TSX:CTC.A) dived by 7.8% to $145.11 per share, making it the day’s worst-performing TSX stock. This selloff came even as the Toronto-based diversified company announced its better-than-expected quarterly earnings. In the fourth quarter of 2024, its comparable sales rose 1.1% year over year with the support…
